$BTC We may see a rise to $107,000 then $112,000.
RSI Indicator: Indicates overbought conditions, which could lead to a temporary correction.
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Fundamental Factors:
Institutional Investment: Strategy Company purchased 13,390 Bitcoin worth $1.34 billion.
Geopolitical News: Improved trade relations between the U.S. and China have boosted market confidence.
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Future Predictions:
Short Term: Price stability above $102,000 could push it to $107,000 then $112,000.
Medium Term: Some analyses predict reaching $114,000 to $120,000 during the second quarter of 2025.
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Conclusion:
Bitcoin shows upward momentum supported by institutional purchases and positive news, but it is advisable to monitor support and resistance levels in anticipation of any corrections.